Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Average Earnings Excluding Bonus (3Mo/Yr) was 3.5% against a forecast of 3.4%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Average Earnings Excluding Bonus (3Mo/Yr) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 52.2 | 52.5 | ||
| S&P Global Manufacturing PMI | Bearish change | 51.9 | 51.5 | ||
| S&P Global Services PMI | Bullish change | 52.1 | 52.8 | ||
| Retail Sales (MoM) | Bearish change | 0.7% | -0.5% | ||
| Retail Sales (YoY) | Bearish change | 3.8% | 1.6% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 0.9% | -0.9% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 5% | 2.3% | ||
| GfK Consumer Confidence | Bullish change | -17 | -14 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |